Olive branch, no chequebook, for Dalton in America’s Cup wrangle

Olive branch, no chequebook, for Dalton in America’s Cup wrangle
A late bid seeks to keep Team NZ's home town advantage in The America's Cup. (Image: Getty)
Pattrick Smellie
Grant Dalton can lead Team New Zealand in the next America’s Cup as long as he’s not in charge of the money provided by central government, local bodies and private donors, says the backer of an initiative to stop the cup going offshore in 2024.With only 10 working days left before Team NZ is due to announce the venue for the 37th America’s Cup challenge, Greymouth Petroleum chair Mark Dunphy insists he has the necessary $80 million of private funding but only if Dalton is kept away from the purse strings.Dunphy believes this...

More Policy

Port of Auckland gets fast-track panel
Policy

Port of Auckland gets fast-track panel

The port says its $200m wharf upgrades will make it 'big ship capable'.

Oliver Lewis 13 May 2025
Scientists waiting to see the money in Budget 2025
Policy

Scientists waiting to see the money in Budget 2025

The $71m for an advanced tech platform announced last week was one bright spark.

Greg Hurrell 12 May 2025
NZ's space sector revenue grows over 50% in five years
Policy

NZ's space sector revenue grows over 50% in five years

Advanced aviation is also a growing sector, according to a new industry survey.

Greg Hurrell 09 May 2025
Two housing projects snare first fast-track panels
Policy

Two housing projects snare first fast-track panels

Applications opened on Feb 7. Now we have our first panels.

Oliver Lewis 08 May 2025